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India Steel Works - Quaterly Results

16 Jan 2024 Evaluate
A minor change in the total revenue was seen in the December 2023 quarter. The total revenue for the quarter stood at Rs. 0.00 millions against Rs. 6.00 millions during year ago period.The Net Loss for the quarter ended December 2023 is Rs. -62.90 millions as compared to Net Loss of Rs. -75.51 millions of corresponding quarter ended December 2022 Operating profit Margin for the quarter ended December 2023 improved to -17.83% as compared to -34.96% of corresponding quarter ended December 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 0.00 6.00 0.00 8.16 34.75 -76.52 47.06 238.08 -80.23
Other Income 1.23 0.60 105.00 8.53 5.82 46.56 18.94 89.70 -78.89
PBIDT -17.83 -34.96 -49.00 -44.77 -134.32 -66.67 -180.68 -523.73 -65.50
Interest 26.95 21.61 24.71 77.61 63.31 22.59 82.23 78.97 4.13
PBDT -44.28 -56.57 -21.73 -121.88 -197.63 -38.33 -284.85 -431.18 -33.94
Depreciation 18.62 18.94 -1.69 55.87 56.40 -0.94 74.76 75.52 -1.01
PBT -62.90 -75.51 -16.70 -177.75 -254.03 -30.03 -359.61 -506.70 -29.03
TAX 0.00 0.00 0.00 0.00 0.00 0.00 -0.02 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -62.90 -75.51 -16.70 -177.75 -254.03 -30.03 -359.59 -506.70 -29.03
Equity 398.08 398.08 0.00 398.08 398.08 0.00 398.08 398.08 0.00
PBIDTM(%) 0.00 -582.67 0.00 -548.65 -386.53 41.94 -383.94 -219.98 74.53
Peers
Company Name CMP
JSW Steel 1300.85
Tata Steel 190.40
Steel Authority 183.55
Jindal Stainless 757.65
APL Apollo Tubes 2186.00
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